Trade Evaluation
Trade evaluation — the six-factor framework EI ALGOS uses.
Trade evaluation is scoring the decision, not just the outcome. A winning trade with a bad decision is still a bad trade. The six-factor Decision Alignment framework — setup, plan-fit, sizing, timing, risk, emotion — makes evaluation repeatable.
The premise
Outcome and decision quality are different things.
Poker taught this first: a winning hand played badly is still a bad play; a losing hand played well is still a good play. Trading is the same. Evaluating on P&L alone hides the decision quality that actually drives long-run consistency.
The six factors
What EI ALGOS scores on every trade.
1) Setup quality — does the entry match a defined setup? 2) Plan fit — does the trade fit the plan you wrote? 3) Sizing — is the risk-per-trade inside your rules? 4) Timing — is the entry inside the intended window? 5) Risk-reward — does the R:R meet your minimum? 6) Emotion — is the trader state inside baseline (from Emotion Score)?
Each factor scores 0-5. The composite is Decision Score. Pre-trade the score is a gate; post-trade it is a review anchor.
The weekly review
Score, sort, act.
The most valuable use of Decision Score is a weekly review: sort the week's trades by score, look at the bottom quintile, and write down the one factor that failed most often. That is the single behaviour change for the coming week.
Related reading
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FAQ
Common questions.
What is trade evaluation?
Scoring the decision — not the outcome. A structured review of setup, plan-fit, sizing, timing, risk-reward and emotion for every trade.
Why not just look at P&L?
P&L is a lagging, noisy signal. Two identical decisions can produce different P&L depending on market context. Decision quality is the leading signal; outcome is the trailing signal.
How often should I evaluate?
Per trade pre-entry (as a gate), per trade post-close (as a review), and per week (as a pattern read). Decision Score covers all three.
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